Pomanda estimates the enterprise value of MINERVA FOOD BAR LTD at £126.3k based on a Turnover of £204.1k and 0.62x industry multiple (adjusted for size and gross margin).
minerva food bar ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of MINERVA FOOD BAR LTD at £0 based on an EBITDA of £-35.8k and a 3.69x industry multiple (adjusted for size and gross margin).
minerva food bar ltdEstimated Valuation
£873
Pomanda estimates the enterprise value of MINERVA FOOD BAR LTD at £873 based on Net Assets of £361 and 2.42x industry multiple (adjusted for liquidity).
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Minerva Food Bar LtdOverview
Minerva Food Bar Ltd is a dissolved company that was located in dalkeith, EH22 1DS with a Companies House number of SC519176. It operated in the take-away food shops and mobile food stands sector, SIC Code 56103. Founded in October 2015, it's largest shareholder was
antonio francesco cernicchiaro
with a 60% stake. The last turnover for Minerva Food Bar Ltd was estimated at £204.1k.
Pomanda's financial health check has awarded Minerva Food Bar Ltd a 1.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
Health Rating1.5out of 5
2 Strong
2 Regular
6 Weak
Size
annual sales of £204.1k, make it in line with the average company (£188k)
£204.1k - Minerva Food Bar Ltd
£188k - Industry AVG
Growth
3 year (CAGR) sales growth of -13%, show it is growing at a slower rate (4.7%)
-13% - Minerva Food Bar Ltd
4.7% - Industry AVG
Production
with a gross margin of 35.6%, this company has a higher cost of product (52%)
35.6% - Minerva Food Bar Ltd
52% - Industry AVG
Profitability
an operating margin of -17.6% make it less profitable than the average company (7%)
-17.6% - Minerva Food Bar Ltd
7% - Industry AVG
Employees
with 10 employees, this is above the industry average (6)
10 - Minerva Food Bar Ltd
6 - Industry AVG
Pay Structure
on an average salary of £10.7k, the company has an equivalent pay structure (£10.7k)
£10.7k - Minerva Food Bar Ltd
£10.7k - Industry AVG
Efficiency
resulting in sales per employee of £20.4k, this is less efficient (£37.2k)
£20.4k - Minerva Food Bar Ltd
£37.2k - Industry AVG
Debtor Days
it gets paid by customers after 58 days, this is later than average (19 days)
58 days - Minerva Food Bar Ltd
19 days - Industry AVG
Creditor Days
its suppliers are paid after 84 days, this is slower than average (22 days)
84 days - Minerva Food Bar Ltd
22 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - Minerva Food Bar Ltd
- - Industry AVG
Cash Balance
There is insufficient data available for this Key Performance Indicator!
- - Minerva Food Bar Ltd
- - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 98.9%, this is a higher level of debt than the average (81.4%)
98.9% - Minerva Food Bar Ltd
81.4% - Industry AVG
MINERVA FOOD BAR LTD financials
EXPORT
Minerva Food Bar Ltd's latest turnover from March 2021 is estimated at £204.1 thousand and the company has net assets of £361. According to their latest financial statements, Minerva Food Bar Ltd has 10 employees and maintains cash reserves of 0 as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Turnover
204,087
304,718
298,912
311,615
438,693
Other Income Or Grants
Cost Of Sales
131,515
202,859
196,894
204,948
251,512
Gross Profit
72,573
101,858
102,017
106,667
187,181
Admin Expenses
108,404
85,558
91,349
106,988
168,845
Operating Profit
-35,831
16,300
10,668
-321
18,336
Interest Payable
Interest Receivable
Pre-Tax Profit
-35,831
16,300
10,668
-321
18,336
Tax
-3,097
-2,027
-3,667
Profit After Tax
-35,831
13,203
8,641
-321
14,669
Dividends Paid
Retained Profit
-35,831
13,203
8,641
-321
14,669
Employee Costs
107,171
124,720
158,343
148,302
103,039
Number Of Employees
10
12
14
14
10
EBITDA*
-35,831
16,300
10,668
-321
18,336
* Earnings Before Interest, Tax, Depreciation and Amortisation
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Tangible Assets
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
Stock & work in progress
Trade Debtors
32,573
52,799
41,012
35,756
37,256
Group Debtors
Misc Debtors
3,275
Cash
misc current assets
3,424
total current assets
32,573
56,074
44,436
35,756
37,256
total assets
32,573
56,074
44,436
35,756
37,256
Bank overdraft
Bank loan
Trade Creditors
30,562
17,897
16,263
17,244
22,587
Group/Directors Accounts
2,994
other short term finances
hp & lease commitments
other current liabilities
total current liabilities
30,562
17,897
19,257
17,244
22,587
loans
hp & lease commitments
Accruals and Deferred Income
1,650
1,985
2,190
4,164
other liabilities
provisions
total long term liabilities
1,650
1,985
2,190
4,164
total liabilities
32,212
19,882
21,447
21,408
22,587
net assets
361
36,192
22,989
14,348
14,669
total shareholders funds
361
36,192
22,989
14,348
14,669
Mar 2021
Mar 2020
Mar 2019
Mar 2018
Mar 2017
Operating Activities
Operating Profit
-35,831
16,300
10,668
-321
18,336
Depreciation
Amortisation
Tax
-3,097
-2,027
-3,667
Stock
Debtors
-23,501
15,062
5,256
-1,500
37,256
Creditors
12,665
1,634
-981
-5,343
22,587
Accruals and Deferred Income
-335
-205
-1,974
4,164
Deferred Taxes & Provisions
Cash flow from operations
-430
430
Investing Activities
capital expenditure
Change in Investments
cash flow from investments
Financing Activities
Bank loans
Group/Directors Accounts
-2,994
2,994
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
interest
cash flow from financing
-2,994
2,994
cash and cash equivalents
cash
overdraft
change in cash
minerva food bar ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for minerva food bar ltd. Get real-time insights into minerva food bar ltd's credit score, group structure and payment trends.
Perform a competitor analysis for minerva food bar ltd by selecting its closest rivals, whether from the ACCOMMODATION AND FOOD SERVICE ACTIVITIES sector, other undefined companies, companies in EH22 area or any other competitors across 12 key performance metrics.
minerva food bar ltd Ownership
MINERVA FOOD BAR LTD group structure
Minerva Food Bar Ltd has no subsidiary companies.
Ultimate parent company
MINERVA FOOD BAR LTD
SC519176
MINERVA FOOD BAR LTD Shareholders
The largest shareholders in Minerva Food Bar Ltd include Antonio Francesco Cernicchiaro and Adriana Concetta Cernicchiaro.
antonio francesco cernicchiaro
60%
adriana concetta cernicchiaro
40%
minerva food bar ltd directors
Minerva Food Bar Ltd currently has 2 directors.
The longest serving directors include
Mr Antonio Cernicchiaro (Oct 2015) and
Mrs Adriana Cernicchiaro (Oct 2015).
56103 - Take away food shops and mobile food stands
incorporation date
October 2015
age
10
incorporated
UK
ultimate parent company
None
accounts
Micro-Entity Accounts
last accounts submitted
March 2021
previous names
N/A
accountant
IAN J BROWN & CO
auditor
-
address
4 lothian street, dalkeith, EH22 1DS
Bank
-
Legal Advisor
-
minerva food bar ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to minerva food bar ltd.
minerva food bar ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
Click to start generating capital raising & share issue transactions for MINERVA FOOD BAR LTD. This can take several minutes, an email will notify you when this has completed.
minerva food bar ltdCompanies House Filings - See Documents
